Category Archives: Economics
Fracking Bastards Intend to Destroy US Aquifers to Isolate Russia
The Obama Game
Is Putin Being Lured Into a Trap?“Russia … is now recognized as the center of the global ‘mutiny’ against global dictatorship of the US and EU. Its generally peaceful .. approach is in direct contrast to brutal and destabilizing methods used by the US and EU…. The world is waking up to reality that there actually is, suddenly, some strong and determined resistance to Western imperialism. After decades of darkness, hope is emerging.” – Andre Vltchek, Ukraine: Lies and Realities, CounterPunch
April 15, 2014 “ICH” – “CP” – Russia is not responsible for the crisis in Ukraine. The US State Department engineered the fascist-backed coup that toppled Ukraine’s democratically-elected president Viktor Yanukovych and replaced him with the American puppet Arseniy Yatsenyuk, a former banker. Hacked phone calls reveal the critical role that Washington played in orchestrating the putsch and selecting the coup’s leaders. Moscow was not involved in any of these activities. Vladimir Putin, whatever one may think of him, has not done anything to fuel the violence and chaos that has spread across the country.Putin’s main interest in Ukraine is commercial. 66 percent of the natural gas that Russia exports to the EU transits Ukraine. The money that Russia makes from gas sales helps to strengthen the Russian economy and raise standards of living. It also helps to make Russian oligarchs richer, the same as it does in the West. The people in Europe like the arrangement because they are able to heat their homes and businesses market-based prices. In other words, it is a good deal for both parties, buyer and seller. This is how the free market is supposed to work. The reason it doesn’t work that way presently is because the United States threw a spanner in the gears when it deposed Yanukovych. Now no one knows when things will return to normal.
Check out this chart at Business Insider and you’ll see why Ukraine matters to Russia. [and why fracking matters to washington]
The overriding goal of US policy in Ukraine is to stop the further economic integration of Asia and Europe. That’s what the fracas is really all about. The United States wants to control the flow of energy from East to West, it wants to establish a de facto tollbooth between the continents, it wants to ensure that those deals are transacted in US dollars and recycled into US Treasuries, and it wants to situate itself between the two most prosperous markets of the next century. Anyone who has even the sketchiest knowledge of US foreign policy– particularly as it relates to Washington’s “pivot to Asia”– knows this is so. The US is determined to play a dominant role in Eurasia in the years ahead. Wreaking havoc in Ukraine is a central part of that plan….
http://www.informationclearinghouse.info/article38242.htm
Fracking right! Driving a wedge between europe and asia was the objective when the anglo-american wall-street nazis decided to finance hitler. But whereas before the american people could pretend to be in on the spoils of washington’s reckless adventures, now the empire intends to destroy US groundwater in pursuit of its imperial dreams. Washington is no doubt a huge threat to national security.
The Global Banking Game Is Rigged, and the FDIC Is Suing
Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. According to an SEIU report:
Derivatives . . . have turned into a windfall for banks and a nightmare for taxpayers. . . . While banks are still collecting fixed rates of 3 to 6 percent, they are now regularly paying public entities as little as a tenth of one percent on the outstanding bonds, with rates expected to remain low in the future. Over the life of the deals, banks are now projected to collect billions more than they pay state and local governments – an outcome which amounts to a second bailout for banks, this one paid directly out of state and local budgets.
It is not just that local governments, universities and pension funds made a bad bet on these swaps. The game itself was rigged, as explained below. The FDIC is now suing in civil court for damages and punitive damages, a lead that other injured local governments and agencies would be well-advised to follow. But they need to hurry, because time on the statute of limitations is running out….
http://www.globalresearch.ca/the-global-banking-game-is-rigged-and-the-fdic-is-suing/5377703
The network of global corporate control
Abstract: The structure of the control network of transnational corporations affects global market competition and financial stability. So far, only small national samples were studied and there was no appropriate methodology to assess control globally. We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player. We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions. This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers. …
http://arxiv.org/abs/1107.5728
Agenda 21: Fascism with a Green Mask
“Fascism” is an overused term but it does denote at least part of the reality of what the UN and agenda 21 are all about. It has nothing to do with politics or economics or science or religion. It has to do with a merger of all of those synthetic mental categories and more into one overall system of mind control at the service of the financial powers that have “purchased” them using the various scams that underpin the global economy. It’s about using the products of your sweat and labor to enslave you for the “greater good” as defined by those interests, which are notably silent on genetic pollution or IMF-imposed starvation or false flag terrorism or numerous other real crises. By now it should be apparent that the real struggle has always been between the forces of centralization and decentralization, between totalitarianism and diversity. This struggle is manifest in everything from child care to monetary policy.
The New America Under Agenda 21 – with Activist Rosa Koire
Agenda 21. What is it? A plan for every every aspect of your life in the 21st century. Where you work, what work you’re allowed to do, and how you get there, have all been planned in advance. Small towns are eliminated, and returned to nature – where the common man is not allowed. Everyone except the elite are herded into beehive-like cities, isolated from nature. This is the “sustainable” society of the future.
Science fiction? Hardly. This is the face of the very real Agenda 21, carefully hidden from view until it is too late to resist it. And yet the United Nations has published it in official manuals, and it is being implemented in areas all across the United States! Probably it is being discussed and implemented to some degree where you are, right now.
Rosa Koire has seen the workings of this plan from the inside as a property appraiser for land being taken under eminent domain law. Her inside knowledge is an uncommon insight into insidious machinations of globalist elitists and their plans for your future.Learn More:
How your community is implementing AGENDA 21
Life in America Under Agenda 21, with Whistleblower Charlotte Iserbyt – Charlotte Iserbyt
Agenda 21 – Green Kiss of Death – Alex Jones Infowars – Infowarse
“Megacities on the Move – Planned-opolis” – Creepy AGENDA 21 Utopia Promotion – “Forum for the Future”
UN Seizure of United States – Relocation and Depopulation Under AGENDA 21
Whose Land is It? The Great Elitist Land Grab and Environmentalist Laws.
Invisible Empire; A New World Order Defined – Full Movie – by Alex Jones
https://archive.org/details/TheNewAmericaUnderAgenda21-WithActivistRosaKoire
US corn exports to China drop 85 percent after ban on GMO strains
China’s rejection of shipments of US corn containing traces of unapproved genetically modified maize has caused a significant drop in exports. According to a new report, US traders have lost $427 million in sales.
Overall, China has barred nearly 1.45 million tons of corn shipments since last year, the National Grain and Feed Association (NGFA), an American industry association, said Friday.
The tally is based on data from export companies and is significantly higher than the previous numbers reported by the media, which said roughly 900,000 tons were affected. US corn exports to China since January are down 85 percent from the same period last year, the report says….
http://rt.com/usa/china-gmo-corn-ban-120/
The 2001 Budget Emergency
February 24, 2001
President Bush said Saturday that the most important number in the budget he sends to Congress next week is the $5.6 trillion surplus it projects over the next 10 years.
That huge projected surplus provides the underpinning of all the administration’s tax-cut and spending plans, Mr. Bush said in his recorded weekly radio address.
“A surplus in tax revenue, after all, means that taxpayers have been overcharged,” the president said. “And usually when you’ve been overcharged, you expect to get something back.” The surplus figure “counts more than any other” in the budget, he said.
Democrats cautioned that surpluses projected over so long a period can turn into elusive fool’s gold. And they continued to insist that as it stands the Bush tax-cut plan unfairly favors the wealthy over those of more modest means.
Click HERE to see your cut under Bush’s plan.…
http://www.cbsnews.com/news/bush-surplus-justifies-tax-cut/
Obviously 9/11 and greenspan’s bubbles were a resounding success for the shareholders of the federal reserve.
Is the U.S. a Fascist Society?
Most Americans are taught in school that fascism is a ruthless one party dictatorship, the most popular example being Nazi Germany. This is a misconception. Fascism is a political economy, not merely a political system that existed in one moment of history. Fascism, as defined by Black revolutionary and assassinated political prisoner George Jackson, is the complete control of the state by monopoly capital. Fascism is the last stage of capitalism in the heart of the US imperial center where the relationship between the state and corporation becomes indiscernible. A difficult, but necessary, task for the left in this period is to acknowledge that fascism is the system of rule in the United States.
The privatization of the public sector, de-unionization of the entire labor force, and violent austerity are the seeds of domestically grown fascism in the economic realm. Such fascist activity has brought about the rapid decline of political and economic conditions for the working class and the rapid accumulation of wealth and profit for the ruling class. Workers are doing more and more on the job for less and less pay. The jobless are either searching desperately for work or not searching at all. Shelters are overflowing and turning the homeless away. The US has 25 percent of the world’s prisoners despite only possessing 5 percent of the world’s population. Mass joblessness, poverty, imprisonment, and homelessness are material forces that breed fear and competition amongst the working class.
The paradox of fascism lies in its ability to sustain and grow in the midst of deteriorating conditions for the majority of the population. The racist foundation of this country is useful in this regard. The white working class steadfastly defends its privileges obtained from white imperial pillage of Black and indigenous people both here and abroad. The white ruling class maintains unity with the white working class because, although exploitation has heightened for everyone, Black and indigenous people (including undocumented immigrants) remain economically and socially oppressed to a much harsher degree than Whites. To ensure racism does not precipitate a radical struggle between white supremacy and Black freedom, the US ruling class has molded and trained a Black political class. This class of neo-colonial elites, with Barack Obama leading the way, works in the interests of fascism by protecting the rule of the white ruling class while teaching the entire Black community that Black faces in high imperial places is not only desired, but also worthy of staunch defense….
Rapidly imposed artificial scarcity naturally creates and reenforces social hierarchy as people jockey for positions closer to the flows of energy and sustenance in society. If there is no alternative to the dominant monopoly of the corporate state then people’s efforts to survive will reenforce the system which threatens their survival. Similar dynamic to false flag terrorism.
For a sort-of similar biological analog, see http://www.damninteresting.com/amoebic-morality/
Ukraine: Deja Vu All Over Again
Ukraine: This place feels familiar. I’ve been here before.
Or maybe it just reminds me of another place. Was it Iran, 1953? Guatemala, 1954? Was it Congo, 1961? Chile, 1973? Maybe it was Iraq, 1990. Or Iraq, 2003. Or Libya, 2011. Or Syria, 2013. Or Vietnam. Or…..
Something seems so very déjà vu. Some regime that is not sufficiently open to the embrace of “Western love” and then there are mobs and then the US government and the UK government and their allies suddenly see the need to “do the right thing” and help the public rid themselves of a corrupt ruler and enjoy vibrant, sunshiny democracy. (No matter that this man was actually elected.)
***
The problem is, you can only believe that the West truly cares about the people of Ukraine and their democracy if you have zero historical memory. Or if your analysis of all of these events comes from news organizations that don’t ever really, fully do their jobs.
The US corporate media never changes its spots. After being tricked and lied to on Vietnam, the first Gulf War, the Iraq invasion, Libya, Syria, and just about everything else, it once again takes the US foreign policy establishment at its word that it only wishes to do the right thing. The right thing. It bears repeating.
We’re told that the U.S. and its allies are just thrilled about people going into the streets to overthrow corruption and excesses by financial elites.
Yet, when people tried that in….the U.S.…the police were there in force to shut them down. Occupy looked a bit like the Ukrainian uprising, except that the US establishment was desperate to crush it. (For the ultimate in this, see our exclusive report on a suppressed FBI investigation into plans to use high-powered snipers to kill Occupy leaders….no, this is not a joke.)
Also, as with Iraq (Saddam), Libya (Qaddafi), Syria (Assad), etc., the West has a long history of getting rid of leaders who exhibit any streak of independence. Their dislikability is not the issue. The West has shown it doesn’t mind tyrants at all—provided they are our tyrants. It left those above-mentioned fellows alone, it did business with them….until it decided not to. Meanwhile, there are the charming rulers of Saudi Arabia, Bahrain, the Gulf mini-monarchies and the like. (Here’s a nifty list of dictators the U.S. especially loved.)
In the case of Ukraine, one thing is clear: awful guy #1 (Yanukovych) was made a better offer for rescuing his plummeting economy by awful guy #2 (Putin) than by the West (awful guys #3-10). So he did what he had to. He took the better deal. Plenty of people in his country have objected to his turning to Moscow, for a lot of different, self-interested reasons. But one could argue that he made a prudent decision. One could also note that it’s not unheard of that smaller countries try to maintain close and friendly relations with a more powerful and aggressive nation next door (Canada and Mexico, anyone?)…
http://whowhatwhy.com/2014/03/05/ukraine-get-tyranny-deserve/